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Missing lens: markets must put a price tag on the climate risks that companies face

New Delhi, May 13 -- Investors in Indian markets react instantly to quarterly earnings, oil prices, elections or monetary policy signals. A weak monsoon can move food stocks. A geopolitical crisis can... Read More


Was PM Modi unaware of forex concerns during Asembly polls, asks Owaisi

India, May 13 -- Criticising the Prime Minister's austerity call, AIMIM president Asaduddin Owaisi on Tuesday sought to know why Narendra Modi and the BJP did not highlight the need to save forex duri... Read More


Stock markets tank 2 per cent as elevated oil prices, US-Iran tensions weigh on sentiment

India, May 13 -- Equity benchmark indices ended lower for the fourth consecutive session on Tuesday, with the Sensex and Nifty tumbling nearly 2 per cent, as elevated crude oil prices and uncertainty ... Read More


Rupee drops further to 95.63 against US dollar

India, May 13 -- The rupee depreciated 35 paise to close at an all-time low of 95.63 (provisional) against the US dollar on Tuesday, as renewed tension between the US and Iran has led to risk aversion... Read More


TARURA upgrades road infrastructure in avocados, tea, potatoes, wheat producing areas

NJOMBE, May 13 -- THE Tanzanian government, through the Tanzania Rural Road Agency (TARURA) in Njombe Region, has intensified road infrastructure development, a move credited with accelerating economi... Read More


TPDC, PAET in Songo Songo licence talks

DODOMA, May 13 -- THE Government Negotiation Team (GNT) is currently in discussions with Pan African Energy Tanzania (PAET) over the possibility of extending the second phase of the natural gas develo... Read More


Treasury hits M-Pesa, Pesapal with 16pc VAT

Nairobi, May 13 -- The Treasury is seeking to impose a 16 percent value-added tax (VAT) on Kenya's 42 payment platforms, such as Pesapal, Kenswitch, Airtel Money and M-Pesa, which could trigger an inc... Read More


The pacesetter's trap for Africa's founders

Nairobi, May 13 -- A school child in Nairobi was last week asked who the two men jogging toward State House Primary School were. She answered without hesitation: Kipchoge and Emmanuel. Her classmate, ... Read More


When is the business problem not the real problem?

Nairobi, May 13 -- "It is always urgent, 'here and now' without any possible postponement. Life is fired at us point-blank," said Jose Ortegay Gasset. When is the business problem not the real proble... Read More


Ilya Sutskever makes bombshell revelation on OpenAI-Anthropic merger, claims Sam Altman had 'pattern of lying'

New Delhi, May 12 -- Former OpenAI chief scientist Ilya Sutskever has made some explosive revelations during the onging legal battle between OpenAI and Elon Musk. Sutskever also shed light on the reas... Read More